Guggenheim Capital LLC increased its position in Trustmark (NASDAQ:TRMK) by 8.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,505 shares of the financial services provider’s stock after purchasing an additional 4,712 shares during the period. Guggenheim Capital LLC owned 0.09% of Trustmark worth $1,992,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of TRMK. Russell Investments Group Ltd. grew its stake in shares of Trustmark by 17.7% in the third quarter. Russell Investments Group Ltd. now owns 58,342 shares of the financial services provider’s stock worth $1,932,000 after acquiring an additional 8,774 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Trustmark by 0.8% in the third quarter. Ameriprise Financial Inc. now owns 206,181 shares of the financial services provider’s stock worth $6,829,000 after acquiring an additional 1,674 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Trustmark by 6.1% in the third quarter. Legal & General Group Plc now owns 87,391 shares of the financial services provider’s stock worth $2,896,000 after acquiring an additional 4,989 shares during the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of Trustmark by 6.6% in the third quarter. Schwab Charles Investment Management Inc. now owns 426,128 shares of the financial services provider’s stock worth $14,114,000 after acquiring an additional 26,258 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Trustmark in the third quarter worth $274,000. 63.19% of the stock is currently owned by institutional investors.

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A number of equities research analysts have recently commented on TRMK shares. BidaskClub raised Trustmark from a “sell” rating to a “hold” rating in a research note on Friday, December 22nd. SunTrust Banks reissued a “hold” rating and issued a $38.00 target price on shares of Trustmark in a research note on Tuesday, January 9th. Zacks Investment Research raised Trustmark from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a research note on Saturday, January 13th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $33.00 target price on shares of Trustmark in a research note on Thursday, January 25th. Finally, Stephens reissued a “hold” rating and issued a $34.00 target price on shares of Trustmark in a research note on Thursday, January 25th. Eight analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of $34.00.

Shares of NASDAQ:TRMK opened at $31.39 on Tuesday. The firm has a market cap of $2,122.50, a PE ratio of 16.35 and a beta of 1.03. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.76 and a current ratio of 0.77. Trustmark has a 1 year low of $28.16 and a 1 year high of $35.09.

Trustmark (NASDAQ:TRMK) last announced its quarterly earnings results on Tuesday, January 23rd. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.48. The firm had revenue of $153.06 million for the quarter, compared to the consensus estimate of $152.80 million. Trustmark had a return on equity of 8.35% and a net margin of 16.15%. During the same period in the prior year, the company posted $0.43 earnings per share. research analysts predict that Trustmark will post 2.16 earnings per share for the current fiscal year.

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Trustmark Company Profile

Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit.

Institutional Ownership by Quarter for Trustmark (NASDAQ:TRMK)

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